I call this approach "waiting for a sucker". I do not personally practice
it, and sell everything a little below market prices.

I think about buying/selling in the way that I make money when I buy.

i


On Fri, Aug 12, 2011 at 1:10 PM, Kirk Wallace
<[email protected]>wrote:

> On Fri, 2011-08-12 at 09:53 -0500, Igor Chudov wrote:
> > My guess is that it is not worth $20k. At best it would be worth $14k or
> so.
> >
> > Lots of dreamers on ebay asking for a pie in the sky.
> >
> > I have never been like that and I despise this approach to business.
> >
> > That said, if i can fix it in a few hours and by throwing some minimal
> money
> > at it, I will try.
> >
> > i
>
> I worked for a used telecomm equipment dealer for a while. At first, I
> thought his prices were way out of line, but you just need one call from
> the one in a million customer that absolutely needs, let's say, that
> last 1980's 100MB hard drive with Mitel integration on it, (that we
> effectively bought for a $1) to make a $1000 sale. And, the customer
> will thank you for it when it arrives on site, installed and working,
> over night.
>
> One tactic, if time and space is not a problem, is to just sit on the
> machine until the right customer comes along. Then sell as-is,
> refurbished, or part out as needed. Or do a quick sale to someone on
> this list.
>
> Another option, develop a product or service that will allow you, or
> someone you contract to house and/or run the machine, a means to pay for
> the machine and rebuild. But, also realize your perfectly good machine
> will most likely have no generic resale value.
>
> It depends on the most likely customer; desperate 1/1,000,000, or
> yourself to keep and use. I think it really helps to have this worked
> out first (,but I myself haven't gotten it right yet).
>
> --
> Kirk Wallace
> http://www.wallacecompany.com/machine_shop/
> http://www.wallacecompany.com/E45/index.html
> California, USA
>
>
>
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